US: CCE chief executive dismisses lawsuits

By | 9 February 2006

Coca-Cola Enterprises has countered lawsuits attacking its public disclosures regarding sales expectations, reported results and other business practices.

The suits have been filed in the US District Court in Atlanta and the Delaware Court of Chancery, with the Atlanta suit seeking class action status.

"We believe these lawsuits are totally without merit and in due course we will ask that each suit be dismissed," CCE's chairman and CEO, Lowry Kline, said yesterday (8 February).

CCE is the world's largest marketer, distributor and producer of Coca-Cola products.

Sectors: Soft drinks, Water

Companies: CCE

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